Dow Records Best Day of 2024, Stocks Conclude Strong May

Major indexes post significant monthly gains despite mixed economic signals and notable corporate movements.

The Dow Jones Industrial Average rose 1.51% on Friday, marking its best daily gain of the year.
All three major indexes, including the S&P 500 and Nasdaq, achieved their best May performances in years.
Investors reacted positively to the latest inflation data, which showed a deceleration in core PCE inflation.
Corporate highlights included Dell's stock plummeting due to AI server concerns and Gap's stock surging on strong earnings.
Trump Media shares dropped following former President Donald Trump's conviction on falsifying business records.